... any premises used for carrying on insurance business, the value of such asset and the related lease liability would be determined in accordance with Rule 13 (Other asset or liability) of the Valuation Rules. We believe that this approach will support consistency among authorized insurers with respect...

... par with international best practices. In June 2016, we issued the Guidance Note on Reinsurance (GN17), which set out the principles for establishing sound reinsurance management frameworks, and also provide guidance on reinsurance reporting and how we will assess the adequacy of reinsurance...

... par with international best practices. In June 2016, we issued the Guidance Note on Reinsurance (GN17), which set out the principles for establishing sound reinsurance management frameworks, and also provide guidance on reinsurance reporting and how we will assess the adequacy of reinsurance...

... par with international best practices. In June 2016, we issued the Guidance Note on Reinsurance (GN17), which set out the principles for establishing sound reinsurance management frameworks, and also provide guidance on reinsurance reporting and how we will assess the adequacy of reinsurance...

... appropriate safety margin on top of these amounts is required. 2 8. For the purposes of determining compliance with the solvency margin requirement, the value of assets, in the case of a general business insurer, is to be determined in accordance with the Insurance Companies (General Business) (Valuation...

... appropriate safety margin on top of these amounts is required. 2 8. For the purposes of determining compliance with the solvency margin requirement, the value of assets, in the case of a general business insurer, is to be determined in accordance with the Insurance Companies (General Business) (Valuation...

... 22 October 2002 To: Chief Executive of all authorized insurance institutions       carrying on long term business Dear Sir/Madam, Non-cooperative Countries and Territories Further to my letters of 12 July...

...;building structure” under the fire insurance policy. It turned out that Mrs. Chan had replaced the window with a new one when she renovated her flat two years earlier, so the window was considered to be an “interior decoration”. Mrs. Chan had not purchased any home insurance, so the cost...

... with societal aspirations. PRotECtING PolICy HoldERS On 23 September 2019, the IA commenced the statutory regulatory regime for all insurance intermediaries, heralding a new era of unified licensing, continuous professional training and disciplinary mechanisms. Our main attention will henceforth be...